<ARTICLE> 9 <LEGEND> This schedule contains summary financial information extracted from Form 10-Q and is qualified in its entirety by reference to such Form 10-Q. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> SEP-30-1998 <PERIOD-END> DEC-31-1997 <CASH> 525,000 <INT-BEARING-DEPOSITS> 3,773,000 <FED-FUNDS-SOLD> 0 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 0 <INVESTMENTS-CARRYING> 15,872,000 <INVESTMENTS-MARKET> 15,943,000 <LOANS> 180,586,000 <ALLOWANCE> 1,705,000 <TOTAL-ASSETS> 211,253,000 <DEPOSITS> 131,065,000 <SHORT-TERM> 32,250,000 <LIABILITIES-OTHER> 2,647,000 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 30,000 <OTHER-SE> 45,261,000 <TOTAL-LIABILITIES-AND-EQUITY> 211,253,000 <INTEREST-LOAN> 3,823,000 <INTEREST-INVEST> 218,000 <INTEREST-OTHER> 148,000 <INTEREST-TOTAL> 4,189,000 <INTEREST-DEPOSIT> 1,786,000 <INTEREST-EXPENSE> 2,298,000 <INTEREST-INCOME-NET> 1,891,000 <LOAN-LOSSES> 83,000 <SECURITIES-GAINS> 0 <EXPENSE-OTHER> 1,031,000 <INCOME-PRETAX> 851,000 <INCOME-PRE-EXTRAORDINARY> 851,000 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 535,000 <EPS-PRIMARY> .22 <EPS-DILUTED> .22 <YIELD-ACTUAL> 8.26 <LOANS-NON> 610,000 <LOANS-PAST> 1,258,000 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 11,310,000 <ALLOWANCE-OPEN> 1,624,000 <CHARGE-OFFS> 2,000 <RECOVERIES> 0 <ALLOWANCE-CLOSE> 1,705,000 <ALLOWANCE-DOMESTIC> 1,705,000 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0